Posted by dusti > 2020-11-13 15:02 | Report Abuse

Needs to do a convincing shot

Posted by kdginvest > 2020-11-13 15:03 | Report Abuse

GLOVE STOCKS EXPECT TO LIMIT UP NEXT WEEK.

Posted by SimonJB > 2020-11-13 15:07 | Report Abuse

Posted by Lisabell88 > Nov 13, 2020 9:27 AM | Report Abuse

@axecapital2077 why will cc burst?

==================================

@Lisa, you can check on the price performance of comfort-cc from 4.00p.m. 13 Oct to 12.30p.m. 14 Oct.

Posted by NPRA1985 > 2020-11-13 15:08 | Report Abuse

Moderna looks to first interim analysis in COVID-19 vaccine Phase 3 trial

https://www.biopharma-reporter.com/Article/2020/11/12/Moderna-looks-to-first-interim-analysis-in-COVID-19-vaccine-Phase-3-trial

-------------
Crucial Moderna Covid vaccine data is coming in days — here’s what to look out for

https://www.cnbc.com/2020/11/12/coronavirus-moderna-vaccine-data-is-coming-in-days-what-to-look-out-for.html

Posted by feng9991 > 2020-11-13 15:38 | Report Abuse

unless there is bad news about vaccine announced la, otherwise I don't think glove counter can fly recently. Just my personal opinion.

Posted by IMwhatIM > 2020-11-13 15:50 | Report Abuse

Looks like the support level for Comfort is RM4

Posted by Liquidity > 2020-11-13 16:02 | Report Abuse

Upcoming QR will help. Trailing PE will be the lowest in the industry if the price maintains at RM4. I'm guessing RM5-RM5.20 for a PE of 20.

Posted by SimonJB > 2020-11-13 16:07 | Report Abuse

My guess is also 5.00 to 5.30 after QR

Posted by kdginvest > 2020-11-13 16:10 | Report Abuse

MALAYSIA'S GDP FLY, GLOVE STOCKS FLY.

Posted by dusti > 2020-11-13 16:29 | Report Abuse

GLOVE INDUSTRY PANIC TOO FAST; FAKE NEWS CAN CAUSE PANIC................TOO MANY. RETAILERS?

Posted by Dannyfyl88 > 2020-11-13 16:57 | Report Abuse

Another FLAT day As expected. Will possibly be FLAT again next week. Vaccine News Hype will cool off... and Covid cases exploding will all lead back to Gloves counters. A great opportunity to add. Money in the Banks Stocks this week will come back after their QR...which is Not going to be as good as gloves.

Posted by VolatileIsMyGold > 2020-11-13 21:14 | Report Abuse

Comfort holding

Posted by VolatileIsMyGold > 2020-11-13 21:14 | Report Abuse

Very good

Posted by VolatileIsMyGold > 2020-11-13 21:14 | Report Abuse

Excellent

Posted by VolatileIsMyGold > 2020-11-13 21:15 | Report Abuse

Well done

Posted by NPRA1985 > 2020-11-13 21:35 | Report Abuse

Switzerland starts 'rolling review' of Moderna COVID-19 vaccine

https://www.reuters.com/article/us-health-coronavirus-moderna-swiss/switzerland-starts-rolling-review-of-moderna-covid-19-vaccine-idUSKBN27T1LS?il=0a

Posted by NPRA1985 > 2020-11-13 21:58 | Report Abuse

China National Pharmaceutical Group Corp (SINOPHARM), a Chinese state-owned enterprise, announced on Wednesday that data from late-stage clinical trials for its Covid-19 vaccine are «BETTER THAN EXPECTED», Reuters reported.

In Morocco, Dr. Abdelhakim Yahyane, a member of the National Scientific Advisory Committee on Vaccination, told Yabiladi earier this week that vaccine trials in the country «have REACHED THE FINAL PHASE».

We are impatiently awaiting the end of this process, which could probably happen BY NEXT WEEK

https://en.yabiladi.com/articles/details/101544/conducted-morocco-among-others-sinopharm-s.html

Posted by tylee81 > 2020-11-13 22:52 | Report Abuse

Wats de big deal wit vaccine role out?does it means tat all de glove n ppe products have to stop using when role out?virus will disappear immediately?if it is,y all glove makers still making tremendous profit n capacity fully load up until de nxt few quarters wit collected deposit 30%?y so many new entrants joined dis glove bandwagon?simple equation as 1+1,think about tat

Posted by Jokers2020 > 2020-11-13 23:10 | Report Abuse

https://www.bloomberg.com/news/articles/2020-11-13/pfizer-pfe-astrazeneca-azn-moderna-mrna-covid-vaccines-leave-questions

Posted by VolatileIsMyGold > 2020-11-13 23:43 | Report Abuse

Pfizer CEO sold US$5.6 million in Pfizer stock on day of vaccine announcement

https://www.thestar.com.my/news/world/2020/11/13/pfizer-ceo-sold-us56mil-in-stock-on-day-of-vaccine-announcement

Posted by VolatileIsMyGold > 2020-11-13 23:43 | Report Abuse

Pfizer CEO jacks up the Pfizer stock price by making a very high profile public announcement, then he sells his stock

Posted by VolatileIsMyGold > 2020-11-13 23:44 | Report Abuse

If THAT is not hanky panky insider trading & stock manipulation, then I don't know what is

Posted by VolatileIsMyGold > 2020-11-13 23:44 | Report Abuse

Pfizer CEO should be investigated, charged & prosecuted for obvious & blatant insider trading & stock manipulation

Posted by VolatileIsMyGold > 2020-11-14 03:14 | Report Abuse

DJIA latest

29,430.16 (+349.99) (+1.20%)

Posted by Gooner82 > 2020-11-14 08:02 | Report Abuse

https://edition.cnn.com/world/live-news/coronavirus-pandemic-11-13-20-intl/h_7d643418700d65ce5f4609940211f999

Still look gloomy around the world. The world still requires our Malaysian gloves to help handling the Covid-19 breakout.

Posted by Start_0f_the_bull > 2020-11-14 12:21 | Report Abuse

Guys, sadly to say although the epidemic is getting worse and gloves are still in high demand and all other glove counters fundamental are still good but sentiment and funds has shifted to other counters especially banking, plantations and automobiles because of the vaccine news.
I have disposed all my gloves stock except Comfort and anticipating a good upcoming quarter announcement maybe with some dividend and bonus issue as well because I know only Comfort is much undervalued at this price right now.

Posted by Newbusybody > 2020-11-14 12:59 | Report Abuse

Too many covid cases in england , france and europe. Even malaysia touching 4 figures, if it continues its bad news for economy again.

Posted by IMwhatIM > 2020-11-14 16:40 | Report Abuse

Who are the big corporate shareholders in Comfort Gloves? Anyone has a list of these shareholders?

Posted by TOP WIN > 2020-11-14 17:12 | Report Abuse

各位网上的朋友，你们好。我本人也是买卖股票的。（这是我本身的见解）手套股很高了，所以我以经卖了，买進 PBBANK 和 GENTING 。因为疫苗好消息开始出来。｛我看到很多公司進军手套业务，连四大天王也在大量增产，所以我觉的很不对路。你们还记得吗！，口罩之前同之后的價钱｝【要在股市赚钱，一定要相信这句话。〔低买高卖〕】。

Posted by superbullklse > 2020-11-14 20:00 | Report Abuse

大家觉得怎样？
https://www.youtube.com/watch?v=rbS3dP7RITM

Posted by selesa2020 > 2020-11-14 23:30 | Report Abuse

Thanks for sharing the priceless vud. IB avoid paying substantial return also maximised their warrant earnings by pushed down prices... Very logical factor.. so the actual reality despite good qtr result, price still push down dramatically was due to such manipulation.

Posted by SimonJB > 2020-11-15 00:04 | Report Abuse

comfort do not have any structured warrants expiring anytime soon in 2020....
CA expiring on 30 June 2021, ex-price 6.00
CB expiring on 16 Aug 2021, ex-price 4.80
CC expiring on 16 Aug 2021, ex-price 5.00
CD expiring on 16 Apr 2021, ex-price 6.50
CE expiring on 28 July 2021, ex-price 5.80
CF expiring on 30 Sept 2021, ex-price 5.28
CG expiring on 21 may 2021, ex-price 5.58

Posted by selesa2020 > 2020-11-15 07:57 | Report Abuse

The sad reality is, comfort always flow along with the big boys... As if two people sharing a same body.

Here is the reality about covid19 in Malaysia , guess 2021 will be another bumpy year.

https://codeblue.galencentre.org/2020/11/13/malaysia-may-not-return-to-normal-until-end-2021-subang-mp/

Posted by SimonJB > 2020-11-15 08:01 | Report Abuse

https://www.thestar.com.my/news/nation/2020/11/15/vaccines-cold-storage-dilemma

Posted by Cash Only > 2020-11-15 11:14 | Report Abuse

Tradeview Commentaries 14th November 2020 - Unwavering Confidence In Glove Makers In Spite of Vaccine Newsflow

Dear all my friends who celebrates, happy Deepavali. May this joyous occasion be celebrated with your loved ones.

The market sentiment over the week was a mixture of anxiety and joy. Joy for those who believed in value stocks and blue chips, whereby it surged tremendously. Anxiety however, are for investors of glove, PPE and related stocks which reacted adversely due to the news of Pfizer vaccine.

On a positive note, following US elections and Pfizer vaccine news, foreign funds have been flowing back to Malaysia for 3 consecutive days and even exceeded 20% overall market participation level.

In the coming weeks, there will be more vaccine news. It will likely be Moderna and Astra Zeneca to follow. Potentially, China vaccines will also come through with their phase 3 safety data.

In this case, it will bode well for Value stocks (Banks, select blue chips) and Legitimate Vaccine related companies

How about glove, is it all over?

Through the year, I have done many site visits personally and met with management of key industry players, even spoke with established distributors. Whatever I have shared are not information pluck from the sky based on airy fairy hopes but on objective facts. I will update all my latest view post-Pfizer announcement.

1. Earnings visibility for gloves are still at least 12 month / 1 full year through 2021. (This is not a disputed fact even by the most bearish analyst for the sector. )

2. Vaccine or no vaccine, ASP and demand won’t fall off the cliff. (Again not disputed fact even by the most bearish analyst)

3. Mass vaccination will take time, and implementation for the world even longer. At the very least 1 year. (This is a fact stated by WHO & Dr. Fauci.)

4. Glove strong demand due to severe shortage will last through to 2022. New hygiene practice and structural step up, increased healthcare budget for governments around the world and stockpiling requirements contributes to this. (This is a fact)

5. Potential future oversupply concern. (Two camps arguing with 1 side arguing due to new entrants there will be oversupply but I don’t believe this as new entrants can’t compete with established players due to certification, safety standards, economies of scale and technical know how)

6. Eventual decline in mid 2022/2023 for ASP and demand (strongest argument for glove bears. My view - I can’t tell what happens in 18 / 24 months. No one can. As the time progresses, more visibility comes through. But I believe ASP will plateau later than sooner, definitely not this year)

7. Glove stocks are overvalued. These are noises by naysayers and bears. No matter which method I adopted, PER multiples against past year Standard Deviation, DCF or the most accurate EV/EBITDA (EV ratio), dividend yield forecast, gloves stocks are undervalued and a mile from being overvalued. This is a fact. If analysts are objective and fair in their assessment for all companies in Bursa using the same stringent assessment scrutinising glove stocks, there will be absolutely no companies that we can buy or invest anymore. Tech stocks are by far grossly overvalued, recovery stocks like airlines / tourism are taking into account future earnings which does not exist, local vaccine related stocks with MOU has no proof of ability to deliver as the best vaccines are taken up.

In a nutshell, I think some investors and select funds are overly conservative in valuing glove stocks. They are worried being caught as the last one holding the stocks choosing to forego 1 full years of record Profits and potential bumper dividend.

Use this opportunity to buy on weakness. When value emerges ignore the noises. I think Riverstone, Hartalega, Top Glove, Supermax, Sri Trang, Kossan are good fundamental companies worth a place in your portfolio regardless of the “overnight vaccine experts” who think otherwise.

Posted by Cash Only > 2020-11-15 11:14 | Report Abuse

https://www.wionews.com/world/volunteers-face-severe-hangover-headache-and-pain-after-getting-pfizer-vaccine-shot-342518

Posted by kd88 > 2020-11-15 13:08 | Report Abuse

One key thing you have to remember, smallpox can be eliminated i in almost 200 years of effort is because you get antibody for whole life once you are vaccinated or you get cured after diagnosed with smallpox. For Covid 19, there is no single saying that you can get antibodies for whole life by vaccine or get cured from Covid 19. But, there have been reported case of people diagnosed with Covid 19 again even successfully cured from this virus previously.

Two possibilities. 1. Antibody only for short term. 2. Virus is mutating

Posted by Targeted > 2020-11-15 13:18 | Report Abuse

I am holding only 2 warrants now, Comfort CB (exp: August 2021, premium 53%)and Supermax C1P (exp: June 2021, premium:41.57%)

Posted by Zuliana > 2020-11-15 14:18 |

Post removed.Why?

Posted by gemfinder > 2020-11-15 14:20 |

Post removed.Why?

Posted by Zuliana > 2020-11-15 14:26 |

Post removed.Why?

Posted by TC > 2020-11-15 16:33 | Report Abuse

TG QR will be out on 9 Dec.
Buy TG now for the bombastic 2X PAT.
Other glove counters will fly together.

https://www.topglove.com/corporate-calendar/
15/11/2020 4:32 PM

Posted by gemfinder > 2020-11-15 16:36 | Report Abuse

https://www.theedgemarkets.com/article/fauci-says-pfizer-vaccines-trial-success-may-boost-acceptance

Posted by eddie1884 > 2020-11-15 22:01 | Report Abuse

1. gloves is easy to understand business, demand and supply also easy to forecast.
2. besides pandemic induced demand, glove demand rise with population growth. yearly, world population will just keep increasing.
3. developed countries usage of gloves are 3 times more than developing countries. however, pandemic created new norm in developing countries which see rising awareness on hygienic practices including wearing gloves. not only gloves companies have to meet increased demand from developed countries, they also need to supply to new customer in developing countries.
4. look at the rise of production of gloves, 20 years ago only in hundred of millions, now production in the billions. it will just keep increasing. that's the reason many new entrants to glove sector.
5. gloves mostly owner operated companies. no owner would like to see their business goes down under. so, it will continue to be managed well.
6. choose to invest in the existing gloves companies who have been in the business for a lot longer than the new entrants. why ..? because existing company are currently seating on heaps pile of cash. they are in the better position to protect their market share with advanced R&D, competitive pricing, retain top talents, factory expansion etc.


investing long term in this kind of companies hardly go wrong if ones know the value will just keep increasing. just sharing my perspective with the investment community.

HAPPY HUNTING.

Posted by kdginvest > 2020-11-16 09:05 | Report Abuse

COMFORT IS GOING FOR A BIG REBOUND THIS WEEK.

Posted by Timercheng > 2020-11-16 09:13 | Report Abuse

Uncle now in ATS loh! better switch boat

Posted by RockerArm > 2020-11-16 09:19 | Report Abuse

Yes want to make big money follow where uncle goes

Posted by RockerArm > 2020-11-16 09:20 | Report Abuse

Don"t said I did not give tip

Posted by Anaconder > 2020-11-16 09:25 | Report Abuse

Thanks Rockerarm , I just jump in

Posted by Timercheng > 2020-11-16 09:28 | Report Abuse

Where can u find glove company super cheap below 30 sen bro!.Close your eyes n buy lol!